Future Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
PJM COMED 5 MW DAY AHEAD (PEAK) FEBRUARY 2024 (NYMEX:QD8.G24)
Bull Market Weakness (+75) - QD8.G24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QD8.G24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QD8.G24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QD8.G24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QD8.G24
The long-term trend has been UP since Apr 23rd, 2021 at 33.20
The intermediate-term trend has been UP since Mar 9th, 2021 at 31.45
The short-term trend has been UP since Sep 28th, 2021 at 42.04
Smart Scan Analysis for QD8.G24
Based on our trend formula, QD8.G24 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).